Marks and Spencer Group’s (MKS) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a research report sent to investors on Wednesday morning,Digital Look reports.

Several other equities research analysts also recently weighed in on MKS. Citigroup raised their target price on shares of Marks and Spencer Group from GBX 390 to GBX 470 and gave the company a “buy” rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. upgraded Marks and Spencer Group to an “overweight” rating and lifted their price objective for the stock from GBX 440 to GBX 450 in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 435 price target on shares of Marks and Spencer Group in a report on Thursday, August 13th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 480 price target on shares of Marks and Spencer Group in a research report on Thursday, September 17th. Six investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 465.83.

Marks and Spencer Group Stock Down 2.5%

MKS opened at GBX 433.20 on Wednesday. The company has a market capitalization of £8.96 billion, a P/E ratio of 35.22, a P/E/G ratio of 0.20 and a beta of 1.00. The company has a debt-to-equity ratio of 11.77, a quick ratio of 0.42 and a current ratio of 0.87. The stock has a fifty day moving average of GBX 395.31 and a 200-day moving average of GBX 374.79. Marks and Spencer Group has a fifty-two week low of GBX 301.10 and a fifty-two week high of GBX 452.80.

About Marks and Spencer Group

M&S has a heritage of quality, innovation and value for money and has been voted the UK’s most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.

We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands. We do this through a network of stores and websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year.